Travel ban issued against S Alam Group owner, his wife and family members

A Dhaka court issued a travel ban on S Alam Group owner Mohammed Saiful Alam, his wife, and 11 family members over allegations of laundering $1 billion to Singapore and other countries. The Anti-Corruption Commission requested the ban, citing flight risk. The case follows a Daily Star report exposing Alam’s unauthorized offshore businesses, including substantial investments in Singapore, prompting investigations by the High Court and Bangladesh Bank.READ FULL